rhino.fi, The crypto infrastructure provider has launched a new feature aimed at standardizing how businesses handle USD-pegged stablecoins, as fintech firms seek more predictable solutions across fragmented blockchain networks.
The company said its “Stablecoin 1:1” product allows neobanks and fintech platforms to accept and pay stablecoins such as USDT and USDC across more than 25 blockchain networks with a fixed one-to-one conversion rate, without transparent fees and hidden spreads.
While stablecoins are designed to maintain parity with the US dollar, actual transaction results may vary due to conversion distributions and routing inefficiencies on different chains.
This creates uncertainty for businesses that process payments, especially at scale, Rhino.fi said.
Referring to research published in the European Journal of Finance, the company stated that large stablecoins pegged to the US dollar have a devaluation probability of around 60 basis points per year under normal market conditions, and over 200 basis points during periods of stress.
Such inconsistencies can translate into tangible losses. In an illustrative scenario provided by the company, a customer processing $10 million in monthly stablecoin transactions could lose approximately $5,000 due to a 5 basis point difference due to conversion and routing inefficiencies.
Rhino.fi said its system constantly monitors exchange rates between leading stablecoins and customers are given the option to receive or transfer fees, returning a guaranteed 1:1 quote.
The product is designed to treat USDT and USDC as fungible dollar equivalents, regardless of their source blockchain.
The feature is built on Rhino.fi’s six-year-developed API infrastructure and targets use cases in payments, remittances, and business-to-business billing.
It supports multiple networks, including Ethereum, Tron, TON, Base, Polygon, Arbitrum, and Solana, and includes safeguards to prevent arbitrage abuse.
WirexPay participated in the rollout as an early design partner, the company said.
Chief Executive Officer Will Harborne said the initiative aims to address inconsistencies in stablecoin usage.
“Stablecoins are supposed to be dollars on the internet, but businesses still experience them as fragmented liquidity and unpredictable outcomes,” he said.
The launch comes as regulators globally tighten oversight over stablecoins and digital asset payments, with frameworks such as the European CryptoAsset Markets (MiCA) regulation promoting greater transparency and stability in the sector.
Rhino.fi’s move reflects a broader shift in the stablecoin market from speculative trading tools to core payment infrastructure.
As fintechs increasingly use stablecoins for cross-border payments and treasury operations, predictability rather than speed has become critical.
By offering fixed 1:1 conversion, Rhino.fi commoditizes stablecoin routing similar to how FX infrastructure has evolved in traditional finance.
